U.S. Government Money Market Fund

Scott Cabalka is a senior portfolio manager responsible for co-managing the RBC Money Market Funds along with our government investment pools and other short term portfolio solutions. Scott is a veteran member of the firm’s Cash Strategy & Credit Committee as well as our Fixed Income Committee providing guidance on policy and strategy for all our short fixed income mandates. In addition, he is a member of our fixed income group’s Client Service Portfolio Management Team, which leads our communication with clients and coordinates investment policy activities to ensure each client receives the most appropriate investment solutions and service. Before joining RBC GAM (US) in 1993, Scott was an account executive with Merrill Lynch, where he focused on short term investment strategies for institutional investors. He has specialized in short fixed income strategies since he began working in the investment industry in 1980. Scott earned a BS and an MBA in Finance from the University of Minnesota Carlson School of Management.

John Huber oversees our fixed income research and portfolio management efforts. John also maintains specific research responsibilities for the taxable municipal sector and the transportation industry. He joined RBC GAM (US) in 2004 from Galliard Capital Management, where he was a founding member and principal of the firm. Before that, John was a portfolio manager at Norwest Investment Management, where he began his career in the capital markets group in 1990. He earned a BA from the University of Iowa and an MBA in Finance from the University of Minnesota Carlson School of Management. John acts as an advisor to the Carlson Funds Enterprise for the University of Minnesota. He is also a board member of the Minneapolis Downtown YMCA. John is a CFA charterholder and member of the CFA Society of Minnesota. In 2008, the Minneapolis/St. Paul Business Journal named him as a Top 40 Under Forty honoree.

Raye Kanzenbach leads our fixed income group’s Municipal Research Team. Raye has extensive experience researching and investing in municipal securities. His research responsibilities include tax-exempt money market securities, general obligations, and revenue bonds. Before joining RBC GAM (US) in 1983, Raye worked at First Bank, where he managed the firm’s municipal and money market trust funds. He was also previously an investment officer at The St. Paul Companies. Raye began his career in the investment industry in 1973. He earned a BA in Economics from Lawrence University and an MBA in Finance from the University of Michigan. Raye is a CFA charterholder.

Brandon Swensen leads our fixed income group’s Short Term Research Team. Brandon researches asset-backed commercial paper and consumer asset-backed securities. He joined RBC GAM (US) in 2000, and has held several key positions in our fixed income group including senior structured product analyst and credit analyst. Brandon began his career in the investment industry in 1998. He earned a BS in Finance from St. Cloud State University and an MBA in Finance from the University of St. Thomas. Brandon is a CFA charterholder and member of the CFA Society of Minnesota.